Some of the prominent trends that the market is witnessing include growing number of cyber/physical security threats has led to the adoption of PSIM software and services and rising need for PSIM in the internet of things (IoT).

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The Global Physical Security Information Management Market is poised to grow at a CAGR of around 16.3% during the forecast period 2017 to 2022.

Based on Capabilities the market is categorized into resolution, collection, audit trail, verification, reporting and analysis.

Depending on End User the market is segmented by transportation and logistics, telecom and IT, retail, residential, industrial manufacturing, hospitality, healthcare, government and defense sector, energy and utility, BFSI, education and other end users.

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